New Battery Choice

Technology Li-ion batteries, said on management innovation, including listed companies as companies involved in R & D inside, what type of position of strength. Lithium batteries Lithium cost of raw materials is a monomer of more than 80%, so that the cost of which is the highest in the first place. Canon LP-E5 Charger Canon NB-1L Charger The second material is lithium based, examined the development of lithium-based, mobile phone, laptop batteries for which more light is more and more to improve the density of lithium. After about three changes in lithium batteries, the first increase in 20% or more, the second is increased by 10% or more, Panasonic has developed a new material, the energy density can be improved at least 4 times. We first consider this material as cathode material in the four directions, the world price of lithium base materials, including lithium battery manufacturers to develop a sense be regarded, in Japan, Europe, the current the dominant manufacturers of lithium batteries in the three areas are developed, mainly in Europe and Japan focused on lithium manganese oxide, our country is relatively low cost of lithium iron phosphate. We expect to drive the future development of electric cars continue to rise throughout the material entering the stadium, world demand for lithium batteries is approximately 37 600 tons in 2012 to 8,000,000 tons in 2018 to reach 240,000 tons This is an average annual growth over 20%. We believe that the material of cathode materials of lithium, innovation and greater interior space, which means the future security of energy becoming more demanding and so on lithium for Innovation is increasingly high, so I think in the future or in small innovative companies within the selection of battery supplier and supply chain after the establishment of good people come in too hard. Because the certification of equipment supplies chain running, this barrier is quite high. Canon NB-1LH Charger Canon NB-2L Charger

 

Secondly, the negative current security considerations based on graphite or graphite-based and the energy density is 370 mAh on the direction of future changes are mainly lithium alloy. From the viewpoint of market share, then the global demand for existing cathode materials to 1.8 million tons, mainly used are Japan, a country as part of China is 22%.

 

The third company is also electrolysis, electrolyte, also in Japan, China, Korea, the six companies, 60%, 25%, 15%. Electrolyte should also consider, as it is very complex process, which is also flammable and explosive substances and heavy corrosion, so the technology controlled primarily by Japanese society, nobody can make the internal lithium battery inside. However, companies that are currently in the developmental stage of the electrolyte, the future investment returns is about 200 tons to 400 tons of industrialization projects.

 

The fourth divide is a kind of lithium in the most complex materials, mainly complex process, a high degree of monopoly. Present in the membrane density of lithium, the surface density, the greater the mechanical performance requirements, capital so high, the high-tech features are the United States, Japan, four companies control. BYD last year with the national expansion of the current Fosugufen Tech Jinhui, placed in a project, we consider Fosugufen the current size of the main source of income over third, the production rate of current rise the size of its performance is not very clear. Canon NB-2LH Charger Canon NB-4L Charger

 

The fourth with you to explore the idea of selecting securities. Firstly, the value of the industrial point of view, can be divided into three zones, the first possession of the whole sector is where the report, the second asks where gross margins, and the third is the competitive landscape, is to ensure that future gross margins companies can benefit from such a high level of long-term. The second is the electrolyte membrane of a high technical barriers such key subjects. The second specific embodiment of the future of a business performance battery materials, increase its range of comparison, the top surface or Shanshangufen. The third aspect is the relationship between industry competitors screening, those who have the unique ability to integrate resources and hope to become long-distance running champion. I think if companies can realize the nature of the IT industry, the industrial chain, including product mix to improve, the future is not just one product, the lithium to provide a complete solution, including program materials, including some of its own resources, integration of certain sectors of the middle and bottom, these companies will increasingly intense competitive environment in the future environment will be beneficial for competitors. We focus on Shanshangufen this proposal because the current portfolio of its most perfect, very promising for battery manufacturers to provide a complete solution. The second is the capital operations carried out by Shanshan Holdings, has acquired a number of mines upstream, downstream of some of cooperation. vgp-bps10b vgp-bps11 vgp-bpl11

 

We Recommend place GEM technology. Focus on the industry leader in lithium cathode materials, are expected to enjoy explosive growth of the industry boom of the battery. Technological innovation of enterprises, large customer base and gradually to consolidate resources and benefits of market power lithium-scale modernization of the marketing materials and built to be the platform to grow fast. With many materials, such as production of electricity on a large scale and cathode sales materials, product structure is expected to gradually improve the level of stability on the gross margin.

 

The risk is four, it is recognized by consumers for electric vehicles, electric vehicles, if the marketing is less than expected, then the industry can not imagine any time soon. The second is the current industrial expansion in this industry, including market access for domestic firms as well as challenges. The third is about the mineral, chemical, materials such risks. The fourth is the business risk with lithium. vgp-bps10 vgp-bps10a vgp-bps10a/b

June 26, 2010, concerning securities and medium-term investment strategy report in 2010 in Beijing. Tencent Finance as online media partner of the Forum for the full image in direct equity securities of new energy, non-ferrous metals industry, said researcher Xiao Shijun, prospects for battery development are very good, and now as a new industry, competition in technology, innovation in space technology more, companies can also decide the future competition in the industry chain to occupy a favorable position but also decide the value can take advantage. BN-VF707 BN-VF714 BN-VF733

 

Shijun Xiao: Hello, very happy to discuss with you here, to exchange our batteries all the main ideas and judgments. The whole scene, I think the development prospects of the battery power is very good, but now as a new industry and the technology of competition, technological innovation, is a larger space, companies can also decide the future competition in the industry chain to occupy a favorable position Businesses can also take a favorable decision value. vehicle-Li-ion electric phase of sustained and rapid growth, now principally in Japan, Korea, China, three countries, and some major companies in the expansion of lithium in the intensification of competition. The second point I think that technological innovation lithium is concentrated in four key areas of materials that are level negative territory, electrolyte, and the four membrane materials, so concretely and electrolyte membrane is very promising Dual battery materials. Another cathode material in a larger space for future innovation driving force now requires security, cost and future efforts should be to balance the energy. Third, based on the pattern of industry trends and competition, we recommend entering the value chain, performance and capacity thickening effect of resource integration, the three main line of collection of preferred shares, the main recommendations Shanshangufen it when technology. We now expect the market because of concerns about the battery is relatively high so that the dynamic wage-price is relatively high, the current dynamic price-wage ratio is about five or six times, but industry continues to grow in the future, the future performance of the company will enter the growth phase. From the ankle to measure indicators of high growth, I think the order of 1 or less than 1, then the development of value there. BN-VF808 BN-VF815 BN-VF823

 

Discuss with you the next four problems, first why we are optimistic about the lithium batteries. Secondly, how much market power the battery can make a cake or future medium and long term growth rate is very high. Thirdly, the future direction of technology of lithium batteries, or within the current A-share listed companies whose businesses to participate in research and development. The fourth area, said that information on our stock selection.

 

First, the battery is more promising, because the size of the industry, market competition, the potential for industry growth, including the future of the industry growth is so Battery power can be seen in a better position, within our plates with low-carbon investment in preferred sectors. We believe that the electric vehicle market is now concerned about why access to a high stage, from the catalyst of view, should be before the economic crisis has led to car manufacturers as a whole the impact of technological innovation why they seek to alter the current energy security low carbon content, including the current global environment So now if the potential for reducing emissions of electric cars. According to IEA projections, by 2050 if global emissions of carbon 50%, then electric vehicles could reduce emissions by 30%. Under these scenarios, we believe that sales of electric vehicles a year worldwide in 2015 reached 1.2 million in 2050 to $ 7.2 million, while maintaining the electric vehicle to improve the penetration into the stadium. VW-VBG130 VW-VBG260 VW-VBG6

 

Why lithium as promising energy source for electric vehicles? Because electric vehicles charge, we are very concerned about how this race of power is needed on the battery energy intensity as high as possible. The second is the intense energy requirements of the battery, I hope to increase the intensity of the best. A third aspect is the consideration of costs is the battery life longer and can be assessed using our electric cars running. Of the three indicators considered, we believe that the lithium battery is compared to traditional lithium batteries, or power, if the intensity of energy intensity is much higher than conventional batteries completely.

 

Which currently impede the development of electric cars because of the cost, power electric cars with lithium batteries to be installed if the system costs about 50%, ordinary midsize sedan is more than ten million dollars if it is installed then probably two lithium batteries over ten million dollars. Sure, the future is quite possible to compete with the cars fuel because the output of lithium batteries to double the cost can be reduced by half if, also said rising costs of battery electric vehicles as in about 50,000 dollars. Given the trend of oil prices, trends in power integrated downward or take advantage of electric vehicles, electric vehicles can use the cost 2020 more than conventional cars use costs about 20% less. sony vgp-bps2b sony vgp-bps2c sony vgp-bpl5a

 

Then see how the future market for lithium batteries, the growth rate. Firstly, the main application areas of lithium batteries, we, cell phones, laptops custom can be seen around the global demand for small lithium batteries at about 200 billion watts, each car an electric requires 20 kWh sold 70 million worldwide if 700,000 electric vehicles in accordance with the portion of the case, lithium battery sales of 20 billion watts, the market share of electric vehicles for each new case, the from the lithium battery will double the current market. In the present circumstances, can promote the lithium battery electric vehicles in the phase of rapid growth. In such a development perspective though, the companies concerned were informed of the market opportunities, it is now business of lithium in the world from the point of view, or distributed in China, Japan, South Korea’s three regions China accounted for 20% of companies 4. Domestic firms with foreign companies in core technologies, materials, systems, battery management is still relatively large difference, such as the membrane is the field of higher education technical requirements, and we are lagging behind larger countries. Other relevant domestic industry faces business problems lithium, one to one number, including Japan, Europe, the U.S. giant had knowledge of the market lithium batteries, lithium expansion began, Preliminary statistics on investment in 2010 the number of batteries 20 billion euros, a total of 80 billion euros, 2.6 million for pure electric cars meet the demand we now have excess capacity can be seen . Another item on the general opinion is not the same as the market place will depend on how the future growth of the market for electric cars faster, if more than the market expected to reach 3 million by 2015 or in short supply. In addition, the United States, South Korea, some Japanese companies have entered the market in our country at the end of 2009 has seven business with mainland China for SAIC, Beiqi establish a joint venture to enter the supply system in future lithium batteries, if that is the case for the productivity of domestic firms excess, the formation of the market share has increased. sony vgp-bps2 sony vgp-bps2a sony vgp-bpl2

According CCPIT Electronics & Information Industry Sub report, while crude oil exhausted expectations electric car, hope it can to protect the environment, to a new dynamic. Experiments show that electric vehicles can meet the expectations of people, and find the perfect cell program has been the target of researchers. toshiba PA3478U-1BRS toshiba PA3534U-1BRS

 

If you can really achieve by 2030 the development of the German state, the scene described electric vehicle – Germany has five million electric cars on the street driving – let us look back. In the vehicle internal combustion engine was born 30 years ago, electric vehicles already on the road, and create a considerable speed record: 1899 Belgium Camille Jenatzy driving their own vehicles manufactured, faster than 100 km / hour. Turn of the century, power has emerged from the taxi fleet in New York. However, because of the failure to continue to provide energy to the program of the battery electric vehicle, its development has long stagnated.

 

Compared to internal combustion engine to power the engine power advantages are obvious: speed, fast, power up to 3-4 once, driving noise, and does not require any driver installation. However, the shortcomings of electric vehicles are also an important point is that power always be consumed quickly. toshiba PA3535U-1BRS toshiba PA3591U-1BRS

 

From a global perspective, researchers have considered and developers focus on batteries, battery technology lithium-ion represents the current level of research. The early nineties, Sony produced the first small lithium-ion batteries due to its high performance, long life, charging time and short, rapidly in smaller devices like mobile phones, laptops and model aircraft has received application. In the automotive field, but no one wants to use the original battery lithium ion, lithium as electrode material not only causes the voltage is too high, and very easy to do with reactions to other elements.

 

In the laptop, even light damage batteries and only to extremely high temperatures and under high voltage charge would lead to the loss of the battery cells in the air, causing the computer caught fire. However, the German state of Baden Fraunhofer Institute for Chemical Technology Pfinztal battery researcher Jens Tübke said: “The car was completely different.” Motor vehicle battery to store much energy, they may even turn into a bomb. In the laboratory, and factories, single voltage below 3.6 volts, it will change once the short-circuit and thermal expansion, the battery has finished a batch of a single voltage, in such great conditions energy density, even light touch, the consequences would be unthinkable. toshiba PA3465U-1BRS toshiba PA3480U-1BRS

 

For the user, it is important to recognize that what is most useful in terms of their own.

 

Safety: the Fraunhofer Institute for Silicate Würzburg, researcher in the Department of Kai-Christian M? Ller tried polymers non-combustible, flammable liquids to replace the battery, but the jelly-plastic electrodes will impact load time extension can not be performed excellently.

 

Saxon joint venture Li-Tec has tried other ways to address these security issues. Generally, the battery manufacturers are using a thin plastic membrane that separates the two electrodes, but when the temperature reaches 140 degrees Celsius, they will be like the bottom plate of plastic melt as easily cause short circuit. Li-Tec ceramic particles used as a covering membrane that can withstand 700 degrees Celsius, but the battery is reduced. On the other hand say that the battery charge and discharge shall not be abandoned after 4000, which requires daily recharging electric cars is very important. Li-Tec Corporation will launch next year of this car is safe and durable batteries. toshiba NB100 battery toshiba NB200 battery

 

Sustainability: Society Lithiumtitanat can be done with great battery charge and discharge at least 15,000 times (2000 times the operator excellent). The battery life of up to ten years in the medical equipment in the well of the application, the medical technology of great value.

 

Discharge capacity: If you want to store in a small space more energy, can add Iwo electrode. In theory, Iwo to three times more than conventional polymer electrode of lithium-ion batteries. In the laboratory, this approach may seem bright future, but only charge and discharge of 20-40 times, after an almost unusable.

 

Fast Charge: If you want fast charge, the iron phosphate of electrode materials for good results. This mobile phone battery can be less than 20 seconds is charged – at least in the laboratory is the case, but require considerable power. sony vgp-bps10a/b sony vgp-bps10b

 

Safety car batteries, discharge capacity and sustainability are closely related, the consumer, rose, and battery manufacturers in a quandary, one aspect of the increase mainly to the cost of sacrificing other aspects . Pfinztal Tübke battery expert said: “Fortunately, the system lithium-ion there is still much to do.”

 

For battery-electric vehicle using gasoline or diesel-class transportation driving range, and the safe and economic for the moment, or can not be reached, the metal-air battery as well. In the metal-air battery, oxygen from the air was as lithium reagents. IBM Fellow Chandrasekhar Narayan said: “It’s like a combustion engine battery. Now the smoke in the air at the vehicle, the combustion of gasoline, the air will be used in the electrochemical reaction future. “IBM hopes to use this way to the electric vehicle mileage of 800 kilometers – more that Lithium-ion batteries present beyond 10 times. IBM expected to produce a first sample five years, while other researchers should be extremely cautious in this research program requires a lot of time in decades. sony vgp-bps10 sony vgp-bps10a

 

Finally, we discuss an old program that was originally designed for the storage of fixed energy: do not charge the battery, but the fuel. In redox flow battery technologies, energy is not stored in the electrodes, but stored in a liquid electrolyte in the battery. Redox technology currently low capacitance. Fraunhofer Institute, Institute of Jens Noack technology sector, said: “We have passed the effectiveness of its range of more than 4-5 times, he had followed very similar to lithium-ion batteries. “

 

This, Tübke excited and worried: “The idea of high drama, but over the next 20 years or 30 years, still can not resolve the difficulties we have encountered.” sony vgp-bps13a/b sony vgp-bps13b/b